Bitcoin Orange Pill ⚡️

Quality Content (and ₿ memes) Served Daily 🍊💊Bitcoin Only 💎✊⚡️

[Cypherpunk Satoshi @CypherpunkSATS]

"In what way is Bitcoin decentralized if the determining factor on whether or not a consensus is allowed was decided by half a dozen mining pools?"

The relegation of nodes from sovereign rule signaling to validation slaves is unacceptable ✊⚡️
#HardForkTheSolution
#Blake2Bitcoin
#NodesRule✊⚡️
#ThisIsBitcoin

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

BITCOIN POWER STRUCTURE
- Power Hierarchy Assessment
(See attached image)

The inverted triangle (Nodes broadest at top → Miners → Developers at the point) correctly reflects Bitcoin’s actual authority structure:

• Nodes (especially full validating nodes) sit at the top because they independently enforce consensus rules. They reject invalid blocks and transactions regardless of hashrate. This is the decisive check.

• Miners provide proof-of-work security and transaction ordering but are subordinate: they must produce blocks that nodes will accept, or their work is wasted.

• Developers propose code and BIPs but have no coercive power. Nodes (and the economic majority) decide what software to run.

Note: This chart is directionally correct and accurately prioritizes nodes as the ultimate authority in a way that matches both Satoshi's white paper security model and the views of @LukeDashjr and @GrassFedBitcoin

[The Bitcoin Historian @pete_rizzo_]

JUST IN: LEGENDARY STANFORD CRYPTOGRAPHER DAN BONEH JUST SAID ANYONE WHO THINKS QUANTUM WILL DESTROY #BITCOIN IS "INSANE"

"IF YOU THINK QUANTUM IS GOING TO AFFECT THE SECURITY OF BLOCKCHAINS, YOU'RE WRONG"

"WE JUST NEED TO MOVE TO POST-QUANTUM ADDRESSES."

"WE KNOW WHERE TO GO."

"THERE ARE ALL SMALL TECHNICAL NUANCES, BUT THE BIG PICTURE IS REALLY WELL KNOWN

"BTC WILL SOLVE THIS PROBLEM" 🔥

[Bitcoin News @BitcoinNewsCom]

COLDCARD RNG FAILURE WORSE THAN PREVIOUSLY THOUGHT

A new technical autopsy by @KLoaec finds some vulnerable COLDCARD Mk3 wallets may have been generated from just approximately 4.5 million possible RNG starting states, a space small enough to search in about 3 seconds on a single RTX 4090.

Even accounting for additional uncertainty about how each wallet was generated, they estimate an attacker could search the possibilities in about 50 minutes on a single high-end GPU.

Even worse, the flaw may have created identical seed words across different devices.

Using an assumed fleet of 30,000 Mk3s, the author estimates roughly 120 pairs could have produced the same RNG stream.

That collision estimate is theoretical but clearly shows duplicate seeds could have easily existed.

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

@Puncher522 When you fully realize and understand @JeffBooth you made it to the Final Level of True Bitcoin Maximalism Enlightenment 🤜⚡️🤛

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

Read This Regarding ColdCard Attack!
👀‼️
#ColdCardAttack #SuspectedHacker
To the hacker: you still can do the right thing here and come clean - you have prompted a serious wake-up call that has brought the community together which will bring more resilience for the future. Doing the noble thing now will prevent a lifelong hunt.
#ColdCardAttack #SuspectedHacker

[Alex Thorn @intangiblecoins]

outrageous behavior by some in this world

a nearly 30 BTC coldcard victim had 17 BTC peeled and sent over @THORChain to ETH, then deposited into @Duelcomcasino

both the victim and a research emailed all known addresses for @Duelcomcasino and asked for freeze, provided all info on the txs and deposits

229.72497255 ETH ($445k), downstream from the victim's ~30 BTC coldcard hack, was deposited by the hacker into their sketchy offshore casino

duel's response to the victim was for him to have the police contact them, despite the fact that their AML policies claim they perform KYC and adhere to all relevant laws

this is an outrageous response. it's well after midnight in most of the western world. no police report is coming until at least Monday. these shady people are refusing to freeze funds that have been forensically proven to emanate from a live cyber incident. if they do not freeze the funds, they are complicit in theft. they were notified minutes after deposits were made.

if duel doesn't freeze this money, they will face substantial legal action

duel's x account is suspended so I am tagging people we could find associated with them (team, dealers, others)

let these people know that they need to do the right thing

@korraflow @atrois7 @MiaMalkova

[Alex Thorn @intangiblecoins]

outrageous behavior by some in this world

a nearly 30 BTC coldcard victim had 17 BTC peeled and sent over @THORChain to ETH, then deposited into @Duelcomcasino

both the victim and a research emailed all known addresses for @Duelcomcasino and asked for freeze, provided all info on the txs and deposits

229.72497255 ETH ($445k), downstream from the victim's ~30 BTC coldcard hack, was deposited by the hacker into their sketchy offshore casino

duel's response to the victim was for him to have the police contact them, despite the fact that their AML policies claim they perform KYC and adhere to all relevant laws

this is an outrageous response. it's well after midnight in most of the western world. no police report is coming until at least Monday. these shady people are refusing to freeze funds that have been forensically proven to emanate from a live cyber incident. if they do not freeze the funds, they are complicit in theft. they were notified minutes after deposits were made.

if duel doesn't freeze this money, they will face substantial legal action

duel's x account is suspended so I am tagging people we could find associated with them (team, dealers, others)

let these people know that they need to do the right thing

@korraflow @atrois7 @MiaMalkova

[Alex Thorn @intangiblecoins]

HISTORY IS LONGER THAN YOU THINK

no global leader alive has governed under a hard money standard. not one

will that always be true? i don’t think so

bitcoin disrupts — not by accident, but by design

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

RT @CypherPunkSats: Safety first.
Innovation second.

Bells and Whistles don't matter
if the Foundation is cracked.

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

Original MNAV (market cap ÷ Bitcoin holdings) peaked at 3.2x and now sits around 0.66x.

When that got ugly they switched to an enterprise-value version that stayed above 1 longer.

When that finally broke below 1 in late June, July 23 brought Version 3: subtract the $22B of preferred + debt first, call what’s left “net Bitcoin,” and suddenly the multiple is back near 1.03x.

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

Strategy just changed the numbers on the ruler three times so the company always looks "longer" on paper.
... Pure "guy math" 😄

Same company. Same Bitcoin. Three different rulers. All still called “MNAV.”

A ruler only works if it’s the same length tomorrow. Strategy didn’t pass the test — they just made the ruler 37 points longer so the dashboard still looks green.

That’s not transparency. That’s narrative management. 🧵👇🏼

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

"Price Go Up" -or- Purchasing Power Maintained in relation to inflation 🧐🧵👇🏼

The more the Government inflates the supply of their money, the more Bitcoin's price will "go up" dramatically in relation to the falling purchasing power of the inflated Government issued fiat currency 💸

It's an inverse relationship.

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

Nodes are the ultimate authority in the Bitcoin Power Structure - not Developers or Miners. 🧵👇🏼

- Nodes enforce the consensus rules by validating and rejecting invalid blocks/transactions.

- Miners propose blocks; Nodes decide whether those blocks are valid. So miners compete to produce valid blocks (or lose money)

- Developers propose software changes; Nodes decide what to adopt.

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

Realize Perspectives and Preferences
Do not necessarily represent REALITY.

#BasedBitcoin
#KeepBitcoinMoney
#PowerToThePlebs✊⚡️
#SignalToNoiseRatio
#RunBIP110

[Cypherpunk Satoshi @CypherpunkSATS]

Will BIP-110 work?

Here's why we Pleb nodes need to run it and find out ...

The Plebs running nodes ARE the only decentralized aspect of Bitcoin left at this point. If BIP-110 fails then Bitcoin has a bigger problem than spam because it will prove to governments.etc that Bitcoin is centralized and can be controlled via a handful of large centralized entities that "own Bitcoin."

Independent Nodes offer the centralized entities (like Bitcoin Core and the corporate Bitcoin Mining Companies) very real "plausible deniability" over the "ownership" control of Bitcoin when the government comes knocking on their doors with government/central banking demands - whatever those may be 🧐🤨

Therefore, BIP-110 implementation is crucial for this stage of Bitcoin's evolution.

Also, BIP-110 has a built in reversion mechanism after twelve (12) months- so it is a TEMPORARY soft fork - allowing us ALL (both camps) to see what breaks in real time and if it can be fixed. If not, and your camp is correct, then we Revert. No harm, no foul.

Meaning - there is literally no reason NOT to run BIP-110 and find out 🤨

If BIP-110 soft-fork succeeds, then everything else (NFTs, etc) can be built on Layer Two technology - No harm, no foul - and everyone is happy 😊

In conclusion, BIP-110 is literally a Win-Win! 🙌🏽😃⚡️

Let's Go #PlebNodes !!!!! ✊🤩

[Bitcoin Orange Pill ⚡️ @DailyOrangePill]

"One system (Bitcoin) is measuring productivity flowing to the world, the other system is extracting that productivity" - @JeffBooth

Purpose, BIP-110, and the convo OGs Are Afraid To Have https://t.co/YlQGIjyMAf via @YouTube #BIP110